Despite the recent spike in cases, Trinidad and Tobago responded to the onset of the pandemic swiftly and comprehensively, not only through containment measures but also fiscal and monetary interventions. These steps, coupled with a robust health care system and a young population, helped it remain resilient in the face of declining global commodity prices in 2020. Similar to other energy-focused nations, T&T has previously been slow to drive its diversification agenda forwards. However, in light of the pandemic, the government and private sector have adapted to the new normal by bolstering their digital capabilities. The increased capacity of digital services and multi-sector acceleration will continue to boost growth in nascent areas of the economy.
Click here to download full report.
Read More from OBG
